CBA 0.14% $134.16 commonwealth bank of australia.

$62 by end oct / mid november, page-203

  1. 2,558 Posts.
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    tanking - how?


    10yrUST

    10 year cycle

    Trump china trade

    Fed rates - rising

    expansionary fiscal stimulus not required but got anyway (US tax cuts) - 

    i research hours a day - every week day

    Brexit deadline

    currency markets

    US govt debt - it aint small

    movement in indexes - ie the last hurrah - but look in US what was driving the indexes higher since bg of year. Once tech selling off not much left

    upcycle in Aus banks was coming to an end - just look at cba has been in downtrend for 3 years now - that tells you something and one questions whatsthe fundamentals that will turn that around - it aint higher COF, it aint falling propery mrkt, it aint rising china debt etc etc etc


    + about another 100 other things and 30 years experience in banks and investment organisations


    Am I right all the time - of course not but we in a massive asset bubble and was just a matter of time. The USD cycle will turn (think about the response the govt and FED will do when China dont buy treasuries like they have been and trillion $ debt requires repayment at higher rates) only one way the usd going  - when you start printing money like breeding rabbits.




 
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